Bulgarian banks are already offering customers roundabout services to cushion the impact of the new 10% levy on people's bank deposits income, which came into force as of January 1. Saving accounts, payment accounts, termless deposits, mixed deposits and investments funds feature among the legal alternatives banks offer so that this tax can be reduced or avoided.
Levon Hampartzoumian, CEO of UniCredit Bulbank commented recently that if, for example, the client is obliged to bring in the budget 10%, the bank may offer an alternative that will cost him only 2%, Novinite reports.